Floating power facilities are transforming the energy sector with their sustainable power generation solutions that can be easily scaled up as needed. The global market for floating power plants reached a value of $1.7 billion in 2023 and is forecasted to grow to $3.1 billion by 2030 at a rate of 8.8% CAGR. By 2035, this industry is anticipated to surpass $4.8 billion due to the rising demand for energy sources the progression in floating technologies and the necessity for reliable power systems, in remote and disaster prone regions.